Saturday, May 4, 2019

Read the case first, and then answer the question Assignment

Read the case first, and indeed answer the question - Assignment ExampleVarious factors facilitate the formation of a merger betwixt 2 organizations. While it gives the organizations the strength to compete against other firms in the industry, it also brings in more expertness into the firm, increasing their productivity and output. There is increased forest of serve and innovation in a merger. When the two financial giants merged, there was an increase in synergy, which is the reduction of duplicate departments, lowering operational costs and later on increasing their revenues. In a merger, there is increased market share, resulting from the absorption of the competitor, thus reducing the aim of competition mingled with them the companies. A merger reduces the level of taxes remitted to the authorities, as the merger remits tax as a single business entity. However, as the giants seek to merge several issues require ironing out to subdue a crash of issues. Through the proces s of creating a merger, management of software/processes for processing of information for effectiveness of organization is an important factor to put into consideration. There is more to the creation of a merger between two financial giants than the listed advantages. Although the financial culture consideration is one of the most important factors for these giants, considering their IT cultures is equally as important. Among the factors to put into consideration is the type of the IT approaches the firms maintain. One could gestate a decentralized policy, while another could have a centralized policy. IT plays a big role in information integration, which strategically differentiates them from the competitors. In pose to deliver their brands, banks heavily rely upon their It structures. After a merger, one of the firms has to consider adopting IT policies of the other firm. Alternatively, the two firms could go under on the creation of new IT policies. Through IT integration, f inancial firms try to select and implement the best coating existing in the market. The search is not confined to the bank that already used the application. The biggest invade is the pertinence and the suitability of the system in the resultant business. As the team searches for this particular application, they should show more concern for the customer retention. During the merger process, systems have to change, as some become inferior and others less effective. However, during this important process, it is infallible to ensure that members keep on receiving their improvements. The transition process should not negatively influence the quality of services provided to the customers. Although a system could appear to be superior to the other due to its capacity, it could provide lower quality services to the customers. How best the transition team handles this effect determines the success of the merger process. It is important to note that as the financial organizations seek t o create a merger these processes pose the biggest danger to the success of such a merger. Not only does the process affect customers, employees too are negatively affected. For instance, it could affect employee productivity and service delivery. Adapting a new application essentially translates to fewer skills in its operation. Training could solve such an issue, though with little certainty. How well the employees respond to organization change is the biggest determinant. Poor response leads to poor application

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